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This week in Indian Startups funding news (05 Feb-10 Feb)


This week 21 startups received funding, out of which 16 were disclosed, which in total received a sum of about $168 million. Among them, Swiggy raised the highest investment of $100 million, followed by Strand Life Sciences which raised $13 million.

Meanwhile, five out of the total funded startups remained undisclosed.

Below is the summary of deals closed this week:

List of disclosed funding deals this week

HealthifyMe: Bengaluru-based fitness startup HealthifyMe has raised funding of $12 million from Sistema Asia Fund, Samsung NEXT and others.

Funding Deals

Nazara Games: The Mumbai-based Nazara Gaming has raised $4 million (Rs 26 crore) from German esports firm Turtle Entertainment GmBH, which operates the world’s largest e-sports company ESL (Electronic Sports League).

Strand Life Sciences: Bengaluru-based Strand Life Sciences, a bioinformatics and diagnostics firm, has raised $13 million from Quadria Capital. The round also saw the participation of HealthQuad and Heritas Venture Fund.

PinkBlue: Bengaluru-based Clinical supplies provider PinkBlue has raised $0.79 million (Rs 5.1 crore) in Pre-Series A round from Orios Venture Partners. The debt funding also saw the participation of other investors, including Anupam Mittal, Sakate Khaitan and HNIs.

Swiggy: Foodtech Swiggy has announced $100 million Series F round from South African media heavyweight Naspers and China-based Meituan-Dianping.

Placio: Delhi-NCR-based Student housing startup Placio has raised $2 million Pre Series A round from Prestellar Ventures in its maiden funding raising event.

Joveo: Hyderabad-based Joveo, a job advertising platform, has raised $5 million in a Series A round led by its existing investor Nexus Venture Partners.

healthi: Early-stage VC Montane Ventures has led a $3.1 million funding round in Bengaluru-based digital preventive health startup healthi.

Furlenco: Bengaluru-based online furniture rental firm Furlenco has raised $1.5 million (Rs 10 crore) debt round from a slew of investors including Rekha Hrishikesh Mafatlal, Lakshmi Narayanan, and M Krishna Sindhuri Private Trust.

FarEye: Delhi-based logistics management software FarEye has raised $9.5 million (Rs 61.5 crore) in Series C round from Deutsche Post DHL Group.

Cash Suvidha: Delhi-based lending startup Cash Suvidha has secured $2.5 million from multiple financial institutions in a debt financing round.

CollegeDekho: Man Capital and GirnarSoft have made an investment to the tune of $2 million in Gurugram-based higher education-focused technology startup CollegeDekho.

CallHealth: Hyderabad-based CallHealth, an integrated healthcare services platform has raised $7.8 million (Rs 50 crore) from media conglomerate Bennett Coleman and Company Limited(BCCL).

Pratilipi: Local languages focused self-publishing e-platform, Pratilipi has clinched a $4.3 million (Rs 28 crore) fresh round led by Omidyar Network and Nexus Venture Partners.

HeyHolidays: Bengaluru-based holiday rental startup HeyHolidays has raised $1 million funding from Hampton Capital.

WebEngage: Mumbai-based marketing automation solutions provider WebEngage, has raised $0.1 million (Rs 65 lakhs) from Social Capital, a Palo Alto-based VC firm led by Chamath Palihapitiya.

Undisclosed deal this week:

Unicorn India Ventures in association with Kerala Startup Mission or KSUM has announced an undisclosed investment in three Kerala-based startups- GenRobotic, SectorQube & Perfectfit Fashion. Ahmedabad-based FoodMemories and Mumbai-based Propstack Services also did not close their funding amount.

*Every week we round up startups that have received or announced fresh funding. Stay tuned for next funding weekly.

(Keep reading and visiting Entrackr to stay updated with all the start-ups and latest technology news and Indian Startup Funding news weekly)

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